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Wednesday, February 22, 2023

Fundamental: Bullard Still Favors Hiking Rates to 5.375% as Fast as Possible

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Alert Alert Feb 22, 2023, 11:45pm
 
Fundamental: Bullard Still Favors Hiking Rates to 5.375% as Fast as Possible
Federal Reserve Bank of St. Louis President James Bullard said the US economy is proving more resilient than expected and repeated his call for the central bank to keep raising interest rates. "I think we are going to have to get north of 5%. Right now I'm still at 5.375%," Bullard told CNBC in an interview Wednesday. "We've got a little ways to go here and ...
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